jojofang0901

CHFJPY Structure Break out, look for continuation down

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OANDA:CHFJPY   Franc Swiss / Yen Jepun
Hi everyone:

CHFJPY looking very good for continuation short opportunities.

We see price had a higher time frame double/triple tops by moving up correctively.

An ascending channel correction nature which is a reversal structure, further adding confluence to a sell.

Now that price has fully broken out of this structure, I would look for any continuation correction to develop for further sell opportunities.

thank you

Komen:
Komen:
Wait for price to break out from this structure
Komen:
Price broke out impulsively, look for more small correction to go lower.
Komen:

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